Go head-over-heels for house flipping!
Flipping houses profitably may not be easy, but it’s far from impossible. With the right guide, you can avoid the risks and reap the rewards like a seasoned expert. Flipping Houses For Dummies is that guide.
The perfect blueprint to property resale, this book walks you through the absolute necessities of house flipping. You’ll learn how to confirm that you have enough time, energy, cash, and resources to be successful. You’ll also get an inside look at the house flipping process that’ll show you how to minimize risk and maximize profit in a highly competitive market.
Flipping Houses For Dummies offers:
* Proven negotiating techniques to close real estate deals faster
* House flipping laws and regulations for every state in the union
* Strategies to successfully complete a big renovation, on-time and on-budget
* House flipping tips for both investors and contractors
* Comprehensive content on hiring and working with reputable contractors
So, if you’re ready to start revitalizing your community by turning neglected properties into prize homes, Flipping Houses For Dummies is the first and last resource you’ll need to navigate your way around the exciting and challenging world of real estate investment.
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Introduction 1
Part 1: Getting Started with House Flipping 5
Chapter 1: Brushing Up on the Basics 7
Chapter 2: Devising an Effective Flipping Strategy 19
Chapter 3: Building Your Dream Team 31
Chapter 4: Securing the Funds to Fuel Your Flips 47
Part 2: House Hunting with an Eye for Flipping 69
Chapter 5: Scoping Out a Fertile Neighborhood 71
Chapter 6: Hunting for Houses in Your Target Area 87
Chapter 7: Closing In on Foreclosure Properties 103
Chapter 8: Scoping Out Properties in Special Markets 125
Part 3: Evaluating Properties and Crunching Numbers 141
Chapter 9: Researching Distressed Properties 143
Chapter 10: Inspecting the Property and Estimating Rehab Costs 163
Chapter 11: Calculating Your Profit and Best Offer 181
Chapter 12: The Art of Haggling: Negotiating a Price and Terms 193
Part 4: Fixing Up Your Fixer-Upper 207
Chapter 13: Building and Managing Your Rehab Team 209
Chapter 14: Prioritizing and Planning Your Renovations 221
Chapter 15: Giving Your Property a Quick Makeover 235
Chapter 16: Perking Up the Curb Appeal 249
Chapter 17: Dazzling the Crowds with Updated Kitchens and Baths 265
Chapter 18: Tackling Moderate Makeovers 281
Chapter 19: Reconfiguring Spaces and Other Structural Overhauls 291
Part 5: Cashing In: Realizing Your Profit 303
Chapter 20: Considering Your Options: Cash or Cash Flow? 305
Chapter 21: Marketing Your Home 317
Chapter 22: Negotiating the Sale to Maximize Your Profit 331
Chapter 23: Trudging through Some Taxing Issues 343
Part 6: The Part of Tens 353
Chapter 24: Ten Ways to Find Dontwanners 355
Chapter 25: Ten Signs of a Great House Flipping Opportunity 363
Chapter 26: Ten House Flipping Blunders 369
Index 375
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Ralph R. Roberts is a real estate expert, investor, and author. He has sold over 10, 000 homes, and focuses on affordable housing. He wants to help everyone become a homeowner! Ralph is the author of the previous edition of Foreclosure Investing For Dummies, as well as many other publications.
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